Oberthur and SecureKey collaborate on secure etransactions platform

Source: Oberthur Technologies

Oberthur Technologies, a world leader in digital security solutions for the mobility space and SecureKey Technologies today announced that they are collaborating to enable secure cloud transactions for a wide range of identity and financial applications including online banking, eCommerce, online payments as well as proximity transactions.

The integrated solution is part of a broader technology agreement between the two companies.

Oberthur Technologies leverages SecureKey solutions and expertise, including its briidge.net™ platform, to strongly authenticate users with their devices and therefore enhance the security and convenience of cloud-based transactions. The solution removes the barriers to acceptance by optimizing the user experience and simplifying the onboarding process of multiple devices thanks to its ability to work securely and conveniently with any device that consumers already have. It allows services providers to offer increasingly more valuable services, leveraging simpler, more secure, and more streamlined user authentication across all their personal devices. Making services easier to access through mobile and web service channels, means better customer service at greater convenience and lower cost for everyone.

“We believe that our joint solution with SecureKey is the missing link to providing consumers and service providers with a secure eTransaction platform,” said Laurent Demey, Deputy Managing Director of the Solutions Business Unit at OT. “Through this partnership, OT enables issuers to easily and securely deploy cloud-based solutions using a broad base of consumer devices.”

“OT has pioneered the world of mobile security solutions – providing financial institutions and consumers with maximum data security with the flexibility of enabling payment by mobile. Through this partnership, OT will deliver the first commercial-grade truly secure, scalable and user convenient cloud-based multi-factor authentication solution for popular mobile devices that consumers already have,” said Didier Serra, EVP, Global Partnerships at SecureKey.

Integrated into existing OT identification and authentication management systems, the solution supports current and future card reader infrastructures, as well as PC-based platforms, and offers simple, efficient and proven integration with existing issuer payment systems.

For those attending the CARTES Secure Connexions Conference Nov. 4-6, 2014 in Paris, please visit OT stand 3 E 001 for demonstrations and more information on the solution. In addition, please attend the panel, “Mastering the Security in Mobile Financial Services” on Thursday, Nov. 6 @ 4:00pm, featuring executives from both OT and SecureKey.

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